Form 990 for tax year 2023
Filed by WISCONSIN FARM BUREAU FOUNDATION INC.
Totals
- Total revenue
- $400,736
- Total expenses
- $450,905
- Contributions and grants received
- $278,984
- Grants paid
- $0
- Program service revenue
- $0
- Investment income
- $69,493
- Other revenue
- $52,259
- Total assets, end of year
- $1,831,711
- Total liabilities, end of year
- $31,416
- Net assets or fund balances, end of year
- $1,800,295
- Program services expenses (Part IX)
- $383,824
- Management and general expenses
- $53,868
- Fundraising expenses
- $13,213
- Program service expenses (Part III)
- $383,824
Program services were 85.1% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$3,256
-
1f · All other contributions, gifts and grants
$275,728
-
3 · Investment income
total $39,168 · excluded $39,168
-
7a · Gross sales of assets other than inventory
securities $469,276
-
7b · Less cost or other basis and sales expenses
securities $438,951
-
7c · Gain or loss
securities $30,325
-
7d · Net gain or loss
total $30,325 · excluded $30,325
-
8a · Fundraising events: gross income
$53,084
-
8a · Fundraising events: contributions included on line 1c
$3,256
-
8b · Fundraising events: direct expenses
$825
-
8c · Net income from fundraising events
total $52,259 · excluded $52,259
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $11,329 · management and general $11,329
-
8 · Pension plan contributions
total $1,092 · management and general $1,092
-
9 · Other employee benefits
total $3,810 · management and general $3,810
-
10 · Payroll taxes
total $803 · management and general $803
-
11a · Fees: management
total $0
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $3,360 · management and general $3,360
-
11d · Fees: lobbying
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $0
-
12 · Advertising and promotion
total $0
-
13 · Office expenses
total $18,759 · management and general $17,870 · fundraising $889
-
14 · Information technology
total $0
-
15 · Royalties
total $0
-
16 · Occupancy
total $0
-
17 · Travel
total $12,354 · management and general $12,354
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $3,234 · fundraising $3,234
-
20 · Interest
total $0
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $685 · management and general $685
-
23 · Insurance
total $0
-
24a · Other expenses: YFA
total $159,133 · program services $159,133
-
24b · Other expenses: Ag In The Classsroom
total $97,952 · program services $97,952
-
24c · Other expenses: Institute
total $32,032 · program services $32,032
-
24d · Other expenses: Sustainability
total $25,756 · program services $25,756
-
24e · All other expenses
total $80,606 · program services $68,951 · management and general $2,565 · fundraising $9,090
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $50,395 · end of year $69,513
-
2 · Savings and temporary cash investments
beginning of year $246,317 · end of year $164,371
-
4 · Accounts receivable
beginning of year $39,049 · end of year $18,731
-
8 · Inventories for sale or use
beginning of year $1,922
-
9 · Prepaid expenses and deferred charges
beginning of year $1,149 · end of year $1,321
-
10a · Land, buildings and equipment: cost or other basis
$2,349
-
10b · Land, buildings and equipment: accumulated depreciation
$1,027
-
10c · Land, buildings and equipment, net
beginning of year $3,963 · end of year $1,322
-
11 · Investments: publicly traded securities
beginning of year $1,334,461 · end of year $1,576,179
-
15 · Other assets
beginning of year $579 · end of year $274
-
17 · Accounts payable and accrued expenses
beginning of year $81,559 · end of year $31,416
-
27 · Net assets without donor restrictions
beginning of year $1,491,659 · end of year $1,717,638
-
28 · Net assets with donor restrictions
beginning of year $104,617 · end of year $82,657
Mission and programs · 2023
Mission
WI Farm Bureau Foundations mission is to conduct or financially aid activities which assist in the education and instruction of young people and develop leadership in the ag sector as a whole.
Activities or mission (Part I)
WI Farm Bureau Foundations mission is to support agricultural education and develop leadership in the ag sector as a whole.
-
The purpose of the Young Farmers Committee is to 1 promote the understanding of Wisconsin agriculture and its importance among farmers under thirty-five years of age, 2 encourage participation by young farmers in activities beneficial to the agricultural community in Wisconsin and promote leadership development activities.
Expenses $159,133
-
Wisconsin Farm Bureaus Ag in the Classroom program provides teachers and K-12 students with an understanding of how their food is produced. The program seeks to work within existing curricula to provide basic information on our nations largest industry agriculture. Ag in the Classroom offers a wide variety of educational resources, activities and support for teachers, schools, home school parents and volunteers working with agricultural literacy. AITC provides resources for PreK through high school grade levels.
Expenses $97,952
-
The WFBF Institute is a year long leadership training course at a graduate level whose mission is to produce strong and effective leaders. The training focuses on personal growth and development, public speaking, working effectively with all forms of media, creativity training, understanding the role and functions of WFBF, training on working with government at the local, state, and national levels, working to bridge the generational divide among volunteers, consideration of current national and international agricultural issues, and completion of a Personal Development Leadership Plan.
Expenses $32,032
As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Bradley Uken
Officer
- Total calculated
- $169,134
- From this org
- $0
- From related orgs
- $141,677
- Other
- $27,457
- Hours/week
- 0.3 + 50.02 related
Schedule J breakdown matched by us
- Base
- not reported + $141,677 related
- Bonus
- not reported
- Other
- not reported + $252 related
- Deferred
- not reported + $5,821 related
- Nontaxable benefits
- not reported + $21,384 related
- Filer's total
- not reported + $169,134 related
-
Kevin Krentz
Former Officer
- Total calculated
- $153,554
- From this org
- $0
- From related orgs
- $139,309
- Other
- $14,245
- Hours/week
- 0.3 + 50.02 related
Schedule J breakdown matched by us
- Base
- not reported + $139,309 related
- Bonus
- not reported
- Other
- not reported + $84 related
- Deferred
- not reported + $7,285 related
- Nontaxable benefits
- not reported + $6,876 related
- Filer's total
- not reported + $153,554 related
-
Steve Mason
Officer
- Total calculated
- $121,885
- From this org
- $0
- From related orgs
- $95,790
- Other
- $26,095
- Hours/week
- 0.3 + 50.02 related
-
Brad Olsen
Officer
- Total calculated
- $25,905
- From this org
- $0
- From related orgs
- $10,677
- Other
- $15,228
- Hours/week
- 0.3 + 50.02 related
-
Joseph Bragger
Officer
- Total calculated
- $7,640
- From this org
- $0
- From related orgs
- $7,640
- Other
- $0
- Hours/week
- 0.15 + 12.02 related
-
Brian Peder
Director
- Total calculated
- $4,620
- From this org
- $0
- From related orgs
- $4,620
- Other
- $0
- Hours/week
- 0.15 + 12.02 related
-
Rosie Lisowe
Director
- Total calculated
- $4,600
- From this org
- $0
- From related orgs
- $4,600
- Other
- $0
- Hours/week
- 0.15 + 12.02 related
-
Brenda Dowiasch
Director
- Total calculated
- $4,600
- From this org
- $0
- From related orgs
- $4,600
- Other
- $0
- Hours/week
- 0.15 + 5.02 related
-
Dave Daniels
Director
- Total calculated
- $4,600
- From this org
- $0
- From related orgs
- $4,600
- Other
- $0
- Hours/week
- 0.15 + 12.02 related
-
Robert Nigh
Director
- Total calculated
- $4,600
- From this org
- $0
- From related orgs
- $4,600
- Other
- $0
- Hours/week
- 0.15 + 12.02 related
-
Arch Morton
Director
- Total calculated
- $4,600
- From this org
- $0
- From related orgs
- $4,600
- Other
- $0
- Hours/week
- 0.15 + 12.02 related
-
Ryan Klussendorf
Director
- Total calculated
- $4,600
- From this org
- $0
- From related orgs
- $4,600
- Other
- $0
- Hours/week
- 0.15 + 12.02 related
-
Savannah Brown
Director
- Total calculated
- $0
- Hours/week
- 0.15 + 5.02 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
The filer's explanations (Part III)
- Part I Line 3
- Compensation is paid by the Wisconsin Farm Bureau Federation and an independent compensation consultant recommends a compensation range and the Board of Directors sets the compensation during an executive session with no members of management in attendance.
- Part II Line 1ii
- col Biii LTD Insurance - taxable
- Part II Line 2ii
- col Biii LTD Insurance - taxable
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
Wisconsin Farm Bureau Federation
501c5 · Farm Bureau · WI
-
WFB Foundation Supporting Organization Inc
501c3 · Supporting Organization · WI · controlled entity
Directly controlled by WFB Foundation
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related corporations and trusts
Part IV: related organizations taxable as a corporation or trust.
-
Wisconsin Farm Service Board
C Corp · Mgmt Services · WI
Directly controlled by WFBF
-
Wisconsin Farm Bureau Service Coop
C Corp · Service Provider · WI
Directly controlled by WFBF
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 30 June 2025
- IRS schema version
- 2023v6.0
- Source object
- 202531819349300318
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